Siemens GC Peter Solmssen on governance, corruption and democracy

Here is my latest piece published in the IBA Global Insight newsfeed:

Since 2006, the exposure of a series of bribery, corruption and price-fixing scandals at Siemens has led to numerous court hearings and multi-million dollar fines. Peter Solmssen, then executive vice-president and general counsel of GE Healthcare, was brought in to ‘clean up’ the company and firmly bring the issue of compliance to the table.

Solmssen’s experience and knowledge of how compliance systems work made him an ideal choice for the rather daunting task of general counsel and member of the managing board of Siemens AG.

Solmssen spoke about his experiences in a plenary session on governance, corruption and democracy at Session 480, ‘The Rule of Law in a Globalized World’, at the Salzburg Global Seminar, in August 2011.

Published on 15-09-11. Read on here

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